Sony/ATV’s UK managing director and president, worldwide creative Guy Moot has hailed the publisher’s performance, after it once again topped the UK market share charts.
This week’s print edition of Music Week exclusively reveals the publishing market shares for the Top 100 2016 singles, with Sony/ATV at No.1 with a 33.15% share.
“We are thrilled with the incredible success our songwriters have enjoyed in 2016,” Moot told Music Week, “The huge list of hits [is] a testament to their great talent, as well as the enormous effort put in by the A&R and broader Sony/ATV teams. Despite a lot of talk in the industry, we are always quietly getting on and striving to be the best for our roster – as market leaders across every part of the publishing business, as well as the charts.”
Sony/ATV’s share was up on last year’s 32.32%. The other majors also increased their market shares, with Universal Music Publishing Group at No.2 (16.75%), just ahead of a resurgent Warner/Chappell, under Mike Smith, at No.3 (16.05%). There was also a strong performance from several indie publishers, including Kobalt and BMG.
For a full breakdown and analysis of the market shares, see this week’s issue of Music Week or click here. To subscribe and never miss a big music biz story, click here.